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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 7, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 7, 2017)

iconAug 7, 2017 09:09
Source:SMM
On last Friday’s night trading, LME base metals was greatly affected by a rallying dollar, and finally closed mixed. Monday will see a light data calendar. 

SHANGHAI, Aug. 7 (SMM) – On last Friday’s night trading, LME base metals was greatly affected by a rallying dollar, and finally closed mixed. Monday will see a light data calendar. 

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 7-11, 2017)

Product

Price Range

Copper

50,200-50,700

Aluminum

14,730-14,900

Lead

18,550-18,750

Zinc

23,210-23,650

Tin

146,700-148,000

Nickel

84,300-85,400

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-7)

Note: Prices all above are for most-actively traded contract on the SHFE.

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